India, Uzbekistan target long-term uranium pact, set annual trade target of $5 bn

In a significant diplomatic move, India and Uzbekistan have enhanced their engagement to a comprehensive strategic partnership. They have ambitious plans for trade, aiming for a target of five billion dollars each year. The nations also formalized an agreement for uranium supply and created a foreign minister-level coo

The two sides inked 11 agreements for boosting engagement in several key sectors, including mining and tourism, and agreed to establish a framework for the long-term supply of Uranium from Uzbekistan to India

The two governments also broadened cooperation on critical minerals, defence, digital payments and transport. A new foreign minister-level mechanism will oversee implementation, alongside expanded education and regional links.

India and Uzbekistan agreed on a bilateral trade target of $5 billion over the next four years during Prime Minister Narendra Modi’s visit to the central Asian nation.

India secured what could turn out to be one of its most important nuclear energy wins in years. Prime Minister Narendra Modi confirmed on Sunday that India and Uzbekistan would establish a long-term uranium supply arrangement.

Marvell Lifts Long-Term Targets as AI Demand Boosts Second-Quarter Profit, Revenue  WSJ

By Godwin Oritse The Customs administrations of Nigeria and Niger Republic are currently engaged in discussions to address challenges hampering trade along the Kamba–Tungan Gyado border corridor. Recall that a trade delegation from the Nigerien Customs (Douanes du Niger) was recently hosted by the Nigeria Customs Servi

China’s electric vehicle (EV) giant BYD saw its earnings jump 30 per cent in the three months from April to June, ending a five-quarter losing streak as buoyant overseas sales and premium models enhanced its net margin and profitability. The Shenzhen-based carmaker, also the world’s largest EV builder, posted a net inc